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To: businessprofessor
Still problems there. Since there is NO WAY TO ESCAPE taxation even those who do not DIRECTLY PAY TAX ASSESSMENTS pay taxes in the price of products and services they buy.

Just the way it is.

I think Hannity and others who are on the kick of "You don't pay taxes, you don't pay taxes" when it's just one of a million taxes not paid (federal income tax) are making a major mistake.

Actually two mistakes. One is that they needlessly PO people who pay those other taxes, just not federal income tax, and they needlessly play class warfare politics with the others ~ those who pay those other taxes AND federal income tax.

Rather than draw an invidious distinction between people on the basis of whether or not Uncle Sam is nailing them for one tax or the other, just go for tax reform.

Frankly, it's not at all my fault if Congress, or the state legislature, or the county government fails to tax me for something or other. I always favor NON TAXATION over TAXATION.

BTW, federal income taxes come in two flavors ~ individual and corporate. Please note that individual income taxes, where levied, are levied on people irrespective of their annual win/loss record, yet companies that don't make a profit are NOT TAXED.

Do you think it fair that only corporate losers get to evade income taxes when every individual, once he reaches a certain dollar value of receipts is taxed anyway?

Certainly the process should be horizontally equalitarian to some degree ~ that gains are taxed but not loses, or that maybe ALL earnings should be taxed irrespective of any loss.

24 posted on 04/13/2010 11:53:18 AM PDT by muawiyah ("Git Out The Way")
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To: muawiyah

Of course indirect taxation occurs. Confiscatory taxation on the most productive individuals trickles down to the tax freeloaders and tax welfare crowd. In the long run, confiscatory taxation may have a larger cost to society because it destroys incentives and creates artificial demand for government services.

However, I disagree with your assertion that dividing the country into tax groups is unfair or equivalent to class warfare used by the left. Almost half of the population is demanding (through their votes) substantial government services at the direct expense of the other half with most revenue provided by a small part of the tax paying crowd. This immoral, free-lunch policy threatens the economic foundation of the country by destroying incentives and creating demand for even more government services.

Your comment about corporate taxation is somewhat misleading. Corporate taxation falls on both consumers and owners of capital. Confiscatory corporate taxation reduces demand (higher prices) and profits. Double taxation of dividends also punishes owners of capital. Many corporations are privately held so corporate taxation is another form of individual taxation.


25 posted on 04/13/2010 12:35:59 PM PDT by businessprofessor
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